HealthSprint (HS) – 08-27-2010
I’m not bullish now, but I’m already in all the bearish positions I can handle. Solid numbers on an industry leader are always good. I can’t say I know what the merger with Bravo Health means for HS, but I do see a breakout occurring on the news. $20 seems to be a long term sticking point for this stock, so I’m willing to give this guy a shot if the market does actually turn up.
Baidu (BIDU) – 04-29-2010
Yeah, I know, I talked about BIDU 2 months ago. A lot has changed since then. The stock went from $500 to $700, the P/E doubled, and the breakouts are getting weaker. I’m not going to call a collapse, but it’s one to keep an eye on with GOOG looking weak recently, people predicting a China real estate bubble popping, and the general market not giving me a whole lot of warm fuzzies right now. Don’t try to fade it, since stocks like this easily could run to $900 before they collapse, but a confirmed pullback could be a profitable thing on this one.
priceline.com (PCLN) – 03-12-2010
If you were unlucky enough to buy PCLN on the initial breakout mid February, you may have gotten stopped out. With strong earnings and a surprising balance sheet ($800M+ cash and <$200M debt) it’s worth a look again now that it’s back above support. How can you not bet on Shatner?
Devry (DV) – 03-04-2010
A long time ago, when I was an intern, they started building a Devry next to my company. “Who actually goes to Devry?” I snickered. “I went to Devry,” said a sheepish senior coworker. I learned to watch what I say that day, but I also learned that Devry is a decent option as what I consider a white collar vocational school, if that makes sense.
When unemployment is over 10%, you have a lot of people trying to figure out how to make themselves stand out to employers. You also have people forced into contemplating career changes. Sounds good for schools that are fast and cheap, right?
DV had a breakout earlier in the year, and is just starting to run again. It’s not really at a buy point right now, but this is one of those group watches. APEI, CPLA, STRA, etc. are all stocks with nice earnings in a similar vein. I’m just partial to DV since I have some history with it.
Baidu (BIDU) – 02-22-2010
Baidu doesn’t need much company info since everyone that follows internet stuff already knows them well. BIDU has too crazy of a chart to try to mark up. The interesting thing is that the stock has exploded since the crash when it was at $100, but the P/E has been keeping pace. #1 on the IBD list now, it will probably become even more volatile in the near future. Good for swing trading or as a long term play at the right entry.
VanceInfo Technologies (VIT) – 01-29-2010
VIT is just an IBD stock with a nice chart. A low volume sell-off that matches the market is a good swing trade opportunity. With an obvious upside that’s at least 3R, it’s something to consider.